# PPP loan: RCI ELECTRIC LLC
> **$192K** approved 01/28/2021 · Paid in Full · Loan `7504278301`
## Borrower
- **Name:** RCI ELECTRIC LLC
- **Address:** 10195 Pineview Dr W, Foley, AL, 36535-9139
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $193K (100%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $192K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*